T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good morning everyone. I will discuss the crazy USD/JPY pair. If you look at the current situation, we can see that USD/JPY is still trading above the 20 exponential moving averages and 50...
On the H1 chart for GBPUSD, I observe two distinct wave channels forming: a yellow ascending channel and a green descending channel. Their intersection creates a blue triangle, within which the pair is currently trading. This range is defined by the...
Trading without losses is often an unattainable goal, and for many traders, including myself, accepting this reality is part of our journey in the trading world. It can be disheartening to face losses, but I try to view them as integral components...
On the daily chart of the USD/CHF currency pair, a strong demand level has formed where a morning star pattern is emerging. This pattern is often seen as a bullish reversal signal, indicating potential upward momentum in the price. The current close...
General Points about AUD/USD: We have seen that the AUD/USD market closed at the 0.6323 level, indicating a stable performance despite external economic pressures. Yesterday's U.S. Consumer Sentiment and Inflation Expectations data did not provide...
